Long Beach, CA 90813 310 W 8th Street

Sold: Jan 14, 2021
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Presented By: Robert Stepp with Keller Williams - Santa Monica;
  • MLS# PW20018427
  • 01/27/2020
  • Request Tour
  • Request Info
  • BedBeds • 10
  • BathBaths • 10
  • GarageGarage • 4

Home Details

310 W. 8th Street in a meticulously renovated investment asset in up-and-coming Willmore City Historic District in booming Downtown Long Beach. The property offers ten spacious, bright one and two-bedroom units with open floor plans. Nine of the ten units have been completely renovated with recessed lighting, in-unit washer/dryers and high- end fixtures and finishes throughout. Exterior renovations include fresh paint, drought-resistant landscaping and stunning modern lighting, all providing incredible curb appeal. The building's electrical and plumbing systems have been updated. Eight parking spaces comprised of four garages and four tandem spaces, as well as newly built storage units provide additional income. With a Walkscore of 90, the property is conveniently accessible to copious employment opportunities and all of the shopping, dining and nightlife amenities available in thriving Downtown Long Beach. Additionally, the 7th Street entrance to the 710 freeway is just around the corner, providing quick and easy access out of the city. 310 W. 8th Street offers a new buyer a turn-key asset in a rapidly changing and dynamic Downtown Long Beach location, with 8%+/- rental upside potential by renovating the 10th unit and leveling rents.
Presented By: Robert Stepp with Keller Williams - Santa Monica;

Interior Features for 310 W 8th Street

Bedrooms

1st Bedroom Area Unit TypeSquare Feet
2nd Bedroom Area Unit TypeSquare Feet
3rd Bedroom Area Unit TypeSquare Feet

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesIn Closet, Stackable
Laundry Y/NYes
Studio Area Unit TypeSquare Feet

General for 310 W 8th Street

Additional Parcels Y/NNo
Co-Listing AgentMark Witsken - BRE#01884724
Co-Listing AgentMark Witsken - BRE#01884724
Co-Listing Agent State License #01884724
Community FeaturesSidewalks, Urban
Garage Spaces4
Garage Y/NYes
Land Lease Y/NNo
Listing AgentRobert Stepp - BRE#01456379
Listing AgentRobert Stepp - BRE#01456379
Listing Agent State License01456379
MLS Area4 - Downtown Area, Alamitos Beach
Open Parking Spaces4
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
StatusClosed
Subdivision NameWillmore District (WM)
TermsCash, Cash to New Loan, 1031 Exchange
Total Units10
Water Sewer Expense1500
ZoningLBPD10

Exterior for 310 W 8th Street

Lot Features6-10 Units/Acre
Lot Size Acres0.17
Lot Size Area7504
Lot Size SourceAssessor
Lot Size Square Feet7504
Lot Size UnitsSquare Feet
Number of Buildings3
Number of Separate Electric Meters10
Number of Separate Gas Meters10
Number of Separate Water Meters1
Parking FeaturesGarage, Tandem, Uncovered
Total Parking8
Water SourcePublic
1527188455

First Team Client Services

Price $3,300,000
MLS#PW20018427
List Date 01/27/2020
Property Type Income
Phone 714.964.3311
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